Who are we? Teva is considered the world’s largest producer of generic drugs. Teva specializes in drugs for the treatment of central nervous system diseases, lung diseases and oncology.
Full company name: Teva Pharmaceutical Industries Ltd.
Headquarters: Tikva, Israel
Expiry formula: (Bid + Ask) / 2
Trading hours: Mon – Fri, 09:30 – 16:00 (EST)
The company was founded in 1901 and is headquartered in Petach Tikva, Israel. Teva Pharmaceutical Industries Ltd. is a global pharmaceutical company, which engages in development, production and marketing of drugs, generic drugs, over-the-counter drugs, active ingredients for the pharmaceutical industry (APIs) and therapeutic products. It operates through two segments: Generic Medicines and Specialty Medicines. The Generic Medicines segment includes chemical and therapeutic equivalents of originator medicines in a variety of dosage forms, including tablets, capsules, injectables, inhalants, liquids, ointments and creams. The Specialty Medicine segment engages in the provision of core therapeutic areas of central nervous system medicines.
How To Trade This Stock?
Teva is included in the ТА-35 index, and its shares are traded on the Tel Aviv Stock Exchange and the New York Stock Exchange under the TEVA tag. The pharmaceutical industry is one of the most competitive in the world, where several big players are fighting fiercely for market share. And if you add to this constant changes in legislation in different regions, launches of new products, expiration of the deadline for patents and development of understanding of the human organism, you will understand in what volatile environment Teva Pharmaceutical has to work. But for online traders, this is the perfect opportunity to take advantage of the company’s constant stock price fluctuations. Understanding the pharmaceutical industry takes a lot of time and return, as it is a very complex beast. However, by mastering the direction, you will be able to turn Teva shares into a personal source of endless income thanks to your knowledge. Stock trading volumes due to industry popularity and volatility due to high competition ensure constant price fluctuations and the ability to increase their capital.